Dangote, Abdulsamad, Others Raise Billions For IBB’s Presidential Library

On Thursday, Aliko Dangote, Chairman of Dangote Group, and Abdulsamad Rabiu, Chairman of BUA Group, were among the prominent figures who contributed billions of naira towards the establishment of a presidential library for former military president, Ibrahim Babangida.

Dangote pledged a donation of N6 billion, stating that he would contribute N2 billion annually for the next four years.

He further committed to continuing his support if the project extends beyond the four-year period.

Read Also: Babangida Makes U-Turn 32 Years After, Says MKO Abiola Won June 12 Election

“I will donate N2 billion every year for the next four years, totaling N8 billion for the development of the IBB Presidential Library. If the project takes longer, I will keep contributing N2 billion annually,” Dangote said.

He praised Babangida for fostering the growth of the private sector in Nigeria, crediting the former military leader with creating opportunities for many prominent figures in the sector today. Dangote reminisced about Babangida granting banking licenses to nearly 30 individuals in a single day.

Abdulsamad Rabiu also lauded Babangida for the launch of the book and presidential library, announcing a contribution of N5 billion for the initiative.

“We are not just celebrating an individual, a building, or an archive. We are here to honor a sanctuary of memory, a testament to the vision, complexity, and lasting legacies of one of Nigeria’s transformative leaders, General Ibrahim Babangida,” Abdulsamad remarked.

Other notable donations included N3 billion from Theophilus Danjuma, founder of the TY Danjuma Foundation; N50 million from Senate President Godswill Akpabio; N500 million from Arthur Eze; and N100 million from Mustafa Chike-Obi.

Hot this week

Heavyweight Boxing Great George Foreman Dead At 76

George Foreman, the former heavyweight champion who famously lost...

Tinubu Declares State Of Emergency In Rivers, Suspends Fubara

President Bola Tinubu has declared a state of emergency...

More Trouble Awaits Nigerian HIV Patients, Others As Treatment “Could Run Out Soon” – WHO

On Monday, the World Health Organization (WHO) identified Nigeria...

Fubara Writes Rivers Assembly Again, Proposes Wednesday For 2025 Budget Presentation

Rivers State Governor, Siminalayi Fubara, has once again written...

Nothing Will Happen If Fubara Is Impeached – Wike

The former governor of Rivers State, Nyesom Wike, stated...

Topics

Heavyweight Boxing Great George Foreman Dead At 76

George Foreman, the former heavyweight champion who famously lost...

Tinubu Declares State Of Emergency In Rivers, Suspends Fubara

President Bola Tinubu has declared a state of emergency...

More Trouble Awaits Nigerian HIV Patients, Others As Treatment “Could Run Out Soon” – WHO

On Monday, the World Health Organization (WHO) identified Nigeria...

Fubara Writes Rivers Assembly Again, Proposes Wednesday For 2025 Budget Presentation

Rivers State Governor, Siminalayi Fubara, has once again written...

Nothing Will Happen If Fubara Is Impeached – Wike

The former governor of Rivers State, Nyesom Wike, stated...

Fubara Locked Out Of Rivers Assembly Complex

A dramatic incident occurred at the Rivers State House...

El-Rufai Dumps APC, Joins SDP

The immediate-past Governor of Kaduna State, Nasir el-Rufa’i, has...

Nnamdi Kanu’s Alleged Terrorism Case Reassigned To Another Judge

The ongoing terrorism case against Nnamdi Kanu, leader of...

Related Articles

Popular Categories